Incorporating An Irish Company As A Foreign Director
Why Choose Ireland?
The process to create a company in Ireland as a foreign director can be a straightforward and rewarding process. Ireland offers a favorable business environment, attractive tax incentives, and access to the European Union market. Here’s a concise guide to help you navigate the essential steps involved in the process of company registration in Ireland.
Getting Started
- Choose the Business Structure: Select the appropriate business structure for your company, such as a private limited company (Ltd). Consider factors like liability, ownership, and flexibility to determine the most suitable option.
- Company Name: Choose a unique and memorable name for your company that complies with Irish regulations. Check the Companies Registration Office (CRO) database to ensure the name is available.
Choosing An Address
- Registered Office: Establish a registered office address in Ireland where official correspondence can be sent. This address must be a physical location, and you can use a professional service provider if needed. We can provide a registered office here at Irish Formations.
Choosing Your Company Officers 
- Directors and Secretary: You, as a foreign director, can serve as a director of the company. At least one director must be an EU resident or appoint an EEA resident bond. Appoint a company secretary responsible for administrative tasks and legal compliance. We can act as nominee secretary if needed.
- Shareholders: Determine the initial shareholders of the company and their respective shareholding percentages. These details will be required during the incorporation process.
Providing Documentation
- Memorandum and Articles of Association: Draft the memorandum and articles of association, which outline the company’s objectives, rules, and regulations. Our Team here at Irish Formations specialize in company set up and cover all the paperwork to make the set up as easy as possible for you.
- Incorporation Process: Submit the necessary documents, including the completed application form, memorandum, and articles of association, we then generate these to submit to the CRO. Pay the applicable fees and await the registration of your company.
Post Incorporation Duties
- Taxation: Familiarize yourself with the Irish tax system and obligations. Register for taxes with the Revenue Commissioners, obtain a tax identification number, and ensure compliance with corporate tax, VAT, and payroll tax requirements. Our Non-Resident premium formation pack includes tax registration and the registering of your beneficial owners.
- Banking and Finances: Open an Irish business bank account to manage your company’s finances. We can offer assistance in opening your Irish bank account by offering a referral to an established Irish Bank.
- Compliance and Reporting: Ensure compliance with Irish company law, accounting standards, and filing obligations. Prepare and submit annual financial statements, annual returns, and other required reports to the CRO. Irish Formations can provide help with these services.
- Professional Advice: For any further financial queries we can give you a free referral to an Accountancy Firm. We can also give you access to book keeping software compliant to Ireland.
